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295 000 €
Store in São Martinho, FunchalFunchal, Ilha da Madeira
Store in São Martinho with 57 m²
57 m²
Energy efficiency
Opposite the legendary Belmond Reid’s Palace Hotel, on Estrada Monumental in São Martinho, you will find a safe investment with immediate returns in one of the most valuable locations in Madeira. This is a commercial store with a gross area of 57 m² and a private gross area of 41 m², already leased and generating income from day one. - The location is absolutely premium: Opposite the iconic Reid's Palace, the 5-star hotel that is Madeira's postcard image - On Funchal's main tourist artery - Estrada Monumental - with daily traffic of thousands of tourists and high-income residents - A 2-minute walk from the Lido, the seaside promenade, renowned restaurants (such as Sabor a Fado, Il Gallo d'Oro 2★ Michelin), gyms, spas, and pharmacies - Direct access to Praia Formosa (the largest public beach on the island) and the Madeira Forum in less than 5 minutes by car Exclusive advantages of this store: - Two independent entrances: via Estrada Monumental (great visibility) and inside the Miramar Shopping Center (constant flow of customers) - 1 private parking space (a luxury in this area!) - Very low condominium fees: only €53.82/month - Built in 1996, in excellent condition - Energy certification C Opposite the legendary Belmond Reid's Palace Hotel, on Estrada Monumental in São Martinho, you will find a safe investment with immediate returns in one of the most valuable locations in Madeira. This is perfect for investors looking for: - Immediate and stable income - Guaranteed appreciation in one of the most sought-after areas with the lowest supply of commercial spaces - Ease of management (already leased and with an active contract) KW Alfa Madeira shares this property with all real estate agencies with an AMI license, on a 50-50 basis. We accompany you throughout the entire purchase process—credit simulation, documentation, legal support, translation, and much more. When contacting us, please refer to the property ID: KWPT-024424